16. Urges that free allowances for the most efficient installations in the carbon-leakage sectors be allocated on the basis of programmes for investment in new equipment, R&D (including the capture, storage (CCS) and use of carbon (CCU)) and the training of workers, as soon as possible and at all events starting 2018 and during the fourth stage, covering the period 2021-2030 in order to meet high standards of climate and environmental protection and employment rights; stresses the absolute need for investment in research and development to enable Europe to remain a centre of excellence for the production of base metals; recalls that in ...[+++]dustries which invest are the ones which survive crises most successfully; calls for ETS auction revenues to be used to finance climate action inside the EU and in developing countries, including for investments into renewable energy and energy efficiency projects in industrial sectors; supports the plans under the 2030 climate and energy framework to establish a facility (NER400) for carbon capture and storage, innovative renewables and low carbon innovation in industrial sectors as laid down in the conclusions of the European Council of 23 October 2014; proposes that pilot and demonstration projects relating to carbon capture, utilisation and storage should be part of programmes for the funding of low-carbon technologies promoted by the Commission along the lines of NER 300 and the future NER 400, with the financial risk being shared between the financier and the operator; recalls the importance of public investment and, in the European context, of Horizon 2020 funds, in improving the environmental and energy efficiency of the base-metal industry, including the achievement of lower carbon emissions in line with Europe 2020 targets; regards the training of workers in the application of low-carbon technologies and practices in industry as a strategic investment which ought to be fully incorporated into programmes promoted by the ...

19. Urges that free allowances for the most efficient installations in the carbon-leakage sectors be allocated on the basis of programmes for investment in new equipment, RD (including the capture, storage (CCS) and use of carbon (CCU)) and the training of workers, as soon as possible and at all events starting 2018 and during the fourth stage, covering the period 2021-2030 in order to meet high standards of climate and environmental protection and employment rights; stresses the absolute need for investment in research and development to enable Europe to remain a centre of excellence for the production of base metals; recalls that ind ...[+++]ustries which invest are the ones which survive crises most successfully; calls for ETS auction revenues to be used to finance climate action inside the EU and in developing countries, including for investments into renewable energy and energy efficiency projects in industrial sectors; supports the plans under the 2030 climate and energy framework to establish a facility (NER400) for carbon capture and storage, innovative renewables and low carbon innovation in industrial sectors as laid down in the conclusions of the European Council of 23 October 2014; proposes that pilot and demonstration projects relating to carbon capture, utilisation and storage should be part of programmes for the funding of low-carbon technologies promoted by the Commission along the lines of NER 300 and the future NER 400, with the financial risk being shared between the financier and the operator; recalls the importance of public investment and, in the European context, of Horizon 2020 funds, in improving the environmental and energy efficiency of the base-metal industry, including the achievement of lower carbon emissions in line with Europe 2020 targets; regards the training of workers in the application of low-carbon technologies and practices in industry as a strategic investment which ought to be fully incorporated into programmes promoted by the ...

20. Points out that any meaningful 'Social Package' promoting social progress must be complemented by supportive economic and structural policy measures; considers that the Stability and Growth Pact must be revoked and that the monetary policy of the ECB must be relaxed in order to counter the effects of the current economic slowdown in Europe; calls on the Commission and the Council to draw up a 'European Investment Programme for Sustainable Development, Employment and Social Inclusion' to which at least 1% of EU GDP should be allocated, which should be complemented by similar public i ...[+++]nvestment programmes of the Member States in order to stabilise the economy, counter climate change and promote full employment with quality jobs and social rights; proposes that Member States also introduce measures to stabilise and enhance the purchasing power of people on low incomes (faced with rising prices of food, energy and transport), for example by introducing social default tariffs for gas, electricity, telecommunications, public transport, etc.;

improve the functioning of markets to encourage private investment in regions that lag behind, ensure that public support, including from EU sources, is focused on investment in human capital and infrastructure, and that investment programmes are designed and administered efficiently.

[47] An example along those lines, often cited and generally regarded as successful, is the American programme known as SBIC (Small Business Investment Programme) which is administered and supported through a guarantee by the SBA (Small Business Administration) of the US Federal Government.

The United Kingdom seems to have adopted an attitude of quite excessive horror about public investment, and I noticed that in yesterday’s Guardian newspaper Mr Bob Kiley, who ought to know, was predicting that the London Underground for which he is responsible, will, because of the Government’s insistance on the 'public-private investment partnership' whereby only private financiers are to come forward to invest, make the Tube worse and more expensive than it would have been under a programme of sensible public ...[+++]investment.